BusinessTechnology

Telecom Secretary Issued Demand Letter to Vodafone & Idea

Telecom secretary Aruna Sundararajan on Wednesday said the ministry has issued the demand letter to Vodafone India and Idea Cellular for completing their merger and it is in their interest to clear the dues as soon as possible.

Aruna Sundararajan, Telecom secretary on Wednesday said the ministry has issued the demand letter to Vodafone India and Idea Cellular for completing their merger and it is in their interest to clear the dues as soon as possible.

We have raised the demand and it’s in their interest to pay as soon possible. They have also told us that they wish to complete the process soon,” Sundararajan told on the sidelines of an event.

Telecom minister Manoj Sinha also said the department of telecommunications (DoT) is working fast to finalise merger of the country’s top two operators.

“Once both the operators complete the formalities, we will give a final nod.” The DoT has asked Idea to pay Rs 3,926 crore in cash for Vodafone’s spectrum and furnish a bank guarantee of Rs 3,342 crore.

A senior DoT official indicated that Idea may pay some of the dues like the difference between the entry fee and the market-determined price of administrative spectrum allocated to Vodafone, but is likely to challenge the bank guarantee bit.

However, but this could not be verified from the companies concerned. Meanwhile, Sinha also said the government would soon clear the proposal of BSNL for acquiring spectrum in 2100 MHz band for launching 4G services.

“We’ll find way to give 4G spectrum to BSNL. We are seriously considering it,” the minister said.

BSNL has proposed that it be given 5 MHz chunk of 2100 MHz 4G spectrum in 19 circles, except Rajasthan (where it intends to use own 800 MHz spectrum) for providing 4G services.

BSNL CMD Anupam Shrivastava said the government would give the 4G spectrum on market rates to the state-run telecom operator and expects the proposal to be cleared by August.

The spectrum is worth around Rs 16,000 crore, which the company will pay through equity infusion and cash. BSNL has proposed that the government can provide Rs 10,000 crore in cash for purchasing the spectrum, which it will repay in 10 years in equal annual installments.

The remaining Rs 6,000 crore can be given through equity infusion. Shrivastava said BSNL also plans to invest around Rs 7,000 crore on technology and network upgrade for launching 4G services.

Summary
Review Date
Reviewed Item
Telecom Secretary Issued Demand Letter to Vodafone & Idea
Author Rating
51star1star1star1star1star
Opinion Poll
With assembly election ahead With assembly election ahead, well known Digital Media platform clipper28.com has decided to gauge the mood of Chhattisgarh through its own opinion poll. As an aware voter and stakeholder of the democratic process, kindly do answer the following questions so that prevailing mood of state can be ascertained.
Name
Age
Assembly Segment
Phone Number
Which party will emerge as the single largest party?
Which party will win how many seats?
Whom would you like to see as next Chhattisgarh Chief Minister?
Have you witnessed development work in your area?
Do you think that farmers of Chhattisgarh are satisfied with BJP government?
Do you think youngsters are happy with employment scenario created by Chhattisgarh/state government?
Do you think state government has done enough on issue of women empowerment?
Are you satisfied with work done by your legislator? Have electoral promises been fulfilled or not?
Are you satisfied with the amenities provided by the government in your area?
Do you think the state government has successfully tackled naxal menace?
Are you satisfied with work done by different state Ministers?

Please do vote...

ओपिनियन पोल
छत्तीसगढ़ की आगामी विधानसभा चुनाव के लिए डिजिटल मीडिया ‘clipper28.com’ नेसटीक ओपिनियन पोल करनेका निश्चय किया है. अतः आप नीचे दिए सवालों के निष्पक्ष जवाब देंताकि राज्य की आने वाले दिनों की सही सियासी तस्वीर सामनेआ सके. कृपया अपना मत जरूर दें- With assembly election ahead
नाम
विधानसभा क्षेत्र
आयु
फ़ोन नं
विधानसभा चुनाव में सबसे बड़ी पार्टी कौन सी होगी ?
किस पार्टी को कितनी सीटें मिलेगी?
अगले मुख्यमंत्री के रूप में किसे देखना चाहेंगे?
क्या आपके क्षेत्र में विकास दिखाई पड़ रहा है?
क्या छत्तीसगढ़ का किसान भाजपा शासन से संतुष्ट है?
जो रोजगार छत्तीसगढ़ सरकार ने दिया, क्या उससे युवा वर्ग संतुष्ट है?
राज्य सरकार ने महिलाओं के सशक्तिकरण के लिए जो किया, उससे महिलाएं संतुष्ट हैं?
क्या आप अपने विधायक से संतुष्ट हैं? उन्होंने अपने वादे पूरे किए या अधूरे हैं उनके काम?
क्या आप अपने क्षेत्र की सरकारी सुविधाओं सेसंतुष्ट हैं?
क्या नक्सली समस्या पर नियंत्रण हुआ है?
क्या प्रदेश के मंत्रियों के कामकाज से संतुष्ट हैं?
-देश हित के लिए मतदान अवश्य करें-
Tags

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.